Kerry Logistics Network announced last week the Group’s interim results for the six months ended 30 June 2021. Group’s Financial Highlights Revenue increased by 68 percent year-on-year to HK$36,709 million (2020 1H: HK$21,885 million) Core operating profit increased by 70 percent to HK$2,536 million (2020 1H: HK$1,489 million) Core net profit jumped by 81 percent year-on-year to HK$1,530 million (2020 1H: HK$845 million) Profit attributable to the Shareholders for 2021 1H was … [Read more...] about Kerry Logistics’ net profit up 81 percent in H1
Logistics
ABC flies urgent cargo amidst airport disruptions in China
Amidst ground handling disruptions at major Chinese airports last week, AirBridgeCargo Airlines (ABC) found a way to transport a large batch of diabetes treatments together with long-standing partner, Bollore Logistics. With passenger flights cancelled due to the Delta variant outbreak in Shanghai, Beijing, Hong Kong, and other Chinese air hubs, resulting to consequently ground handling failures, Bollore Logistics worked with Volga-Dnepr's healthcare team to transport 25 tonnes of much-needed … [Read more...] about ABC flies urgent cargo amidst airport disruptions in China
JD expands China–US air cargo service
Chinese e-commerce and logistics player JD has launched a new cargo service between Shanghai and New York on August 6, the company’s second China-US service, following the Nanjing-Los Angeles flights commenced on June 7. Cargo flights will operate twice a week from Shanghai Pudong International Airport (PVG) to John F. Kennedy International Airport (JFK). The logistics player said it will mainly transport e-commerce and general trade goods and make use of the cargo space on … [Read more...] about JD expands China–US air cargo service
China Southern Airlines green lights Releye for fleet use
China Southern Airlines has approved the Envirotainer Releye RLP for usage on its fleet, becoming the first mainland Chinese carrier to approve the temperature-controlled air cargo container. This will increase the airline's capacity to provide ULD for shippers and forwarder that need to transport temperature-sensitive goods, such as pharmaceuticals, at a time when most supply chains are considering every mode to get cargo delivered safely and on time. China Southern Airlines joins China … [Read more...] about China Southern Airlines green lights Releye for fleet use
Kerry Logistics expands coverage in Latin America
Kerry Logistics Network Limited is extending its coverage in Latin America with a new office in Lima as it looks to capitalise on a broad range of industries amidst growing trade between Peru and China. Kerry Logistics Peru S.A.C. (‘Kerry Logistics Peru’) commenced operations in July and will offer supply chain solutions, from air and ocean freight to customs clearance and domestic transportation, across the country The Hong Kong-listed logistics player expects the new office to boost its … [Read more...] about Kerry Logistics expands coverage in Latin America
Dachser Asia Pacific offers air charter service to Mexico
Dachser is expanding its air freight network with a new weekly service connecting Asia Pacific to South America. In June, the transport specialist operated four cargo charter flights with partner Air Canada, connecting Hong Kong to Mexico via Canada. A Boeing 777C preighter was used for the service. This passenger aircraft had its seats removed to provide extra cargo space on the cabin. Also read: Dachser resumes HKG-FRA charter, boosts air network The weekly charter departed Hong Kong … [Read more...] about Dachser Asia Pacific offers air charter service to Mexico
